1.1 Prepare the general journal entry to record the adjustment.(4 marks) INFORMATION The following balances, amongst others, appeared in the pre-adjustment trial balance of GH Stores on 28 February 2023, the end of the financial year: Debtors control R40 000 Provision for bad debts R1 800 The provision for bad debts must be adjusted to 5% of debtors. 1.2 REQUIRED Prepare the correct Creditors Control […]
Posted: November 11, 2023
QUESTION 1 (20 MARKS) REQUIRED Use the information provided below to prepare the Statement of Comprehensive Income for the year ended 28 February 2023. FIESTA TRADERS PRE-ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 2023 Debit (R) Credit (R) Balance Sheet accounts section Capital 2 520 000 Drawings 160 000 Land and buildings 1 800 000 Vehicles at cost 1 […]
Posted: November 8, 2023
At least four major causes of government failures may be identified: 1. Self-seeking and calculating politicians and other actors, who form coalitions to control allocation of resources in accordance with their own narrow interests. 2. Corrupt behaviour amongst politicians and government officials. 3. Lack of absence of competent administrators with the necessary understanding of economics, and business operations. 4. General lack of knowledge about the […]
Posted: November 4, 2023
Sentra Limited is a public company whose headquarters is in Johannesburg, South Africa. It is a manufacturer of automotive products, with a promise to its customers of high quality at affordable prices. It commenced operations on 02 January 2022 with authorised share capital of 600 000 ordinary shares of which 400 000 have been issued at R10 per share. At the end of 2022 the […]
Posted: November 4, 2023
PepsiCo operates about 8 plants and hires an estimated 8,000 employees across the Southern Africa region. Several of their brands exceed R1 billion in annual sales revenue: Fritos, Lay’s, Simba and Doritos just to name a few. Operations management is the focus of the firm—from designing products for new markets, to meeting changing consumer preferences, to adjusting to rising commodity costs, to subtle issues involving […]
Posted: November 2, 2023
Question One (20 Marks) You recently accepted an assignment with Esprit Limited as a financial consultant. One of your first assignment is the analysis of two proposed capital investment projects. Details of initial investments, after-tax cash flows and average annual profits are represented below: DESCRIPTION YEAR AFTER TAX CASH FLOWS PROJECT A PROJECT B R R Initial […]
Posted: October 23, 2023
Agility for the future: upskilling and reskilling workers in a global business Professional and personal development is a prerequisite to motivating and retaining talented employees, and it’s therefore vital to business success. So how do we go about it? Louise Dennis, VP of Global Talent Management, Acquisition, Learning & Development and Nicki Hay, VP of HR global functions and Chief Development Office – DHL supply […]
Posted: October 23, 2023
What is’ quiet hiring’ and why is it trending in the workplace? Quiet hiring allows employers to keep a steady headcount and focus instead on upskilling existing staff. But is it really a win-win? After quiet quitting, “quiet hiring” is the new workplace buzzword that employees and employers need to be aware of. Quiet hiring is when an organisation leverages current employees’ capabilities to acquire […]
Posted: October 12, 2023
Question 1 (100 Marks) At least four major causes of government failures may be identified: 1. Self-seeking and calculating politicians and other actors, who form coalitions to control allocation of resources in accordance with their own narrow interests. 2. Corrupt behaviour amongst politicians and government officials. 3. Lack of absence of competent administrators with the necessary understanding of economics, and business operations. 4. General lack […]
Posted: October 9, 2023
Question 1 Wandile MuniEx Pty Ltd is a consultancy firm with vast expertise in the local government space in South Africa and in the Southern African region. As the Director and Chief Economist of Wandile MuniEx, you are leading a number of assignments commissioned by the Johannesburg Metro which include improving their public financial management processes and resolving local economic development challenges. Johannesburg Metro has […]
Posted: October 9, 2023
